What President Obama’s Proposed Cyber Safeguards Mean for You

Following recent high-profile hack attacks on U.S. companies, President Obama wants new protections for American consumers.

On a visit to the Federal Trade Commission, Obama unveiled several pieces of proposed legislation he said will boost cyber-security, improve consumer privacy and prevent identity theft. The measures are expected to be included in his State of the Union address next week.

“This is a direct threat to the economic security of American families, and we’ve got to stop it,” Obama said of cyber-crime. “If we’re going to be connected, then we have to be protected.”

Congress will need to act on the proposals, and require Republican support. Here is how Obama’s proposed measures might impact you: